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20130103
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" on this final friday trading session of the year. i'm carl quintanilla at the new york stock exchange, along with melissa lee. >> that's a good song. >> i actually requested that a few moments ago. cramer and faber had the day off. the market has a few jitters as we enter what is going to be an interesting day. of course, the meeting at the white house, 3:00 between the president and some congressional leaders. as for europe, getting some data out of japan overnight and some data out of europe. currently red arrows across the board, in london, paris, and frankfort. our road map begins at the white house. congressional leaders set to meet with the president, 3:00 p.m. this afternoon. senator reid has already said hopes of a deal are fading quickly. just two trading days left until the cliff. and it's not just the fiscal cliff. wind farms and dairy are set to get hit. >> the ports of the east coast and gulf coast are bracing for a potential strike. the potential for this, midnight sunday with a shutdown threatening to threaten 20% of the cargo traffic. >> and instagram feeling the sting of the
. >>> from nbc news this is "today" with lester holt and erica hill >>> i'm erica hill. >> i'm carl quintanilla. >> all eyes on washington. a number of americans wondering this morning why lawmakers have not yet been able to reach a deal to avoid the fiscal cliff. president obama spoke exclusively to nbc's david gregory. we are going to get a preview of what he has to say just ahead. >> it has been just two weeks since the tragedy of sandy hook elementary in connecticut. a teenager in california wrote a poem to express her feelings saying she understood how it could happen and it got her suspended from school. we'll get her reaction coming up >>> we'll also hear from the 29-year-old surfer that used his fists and his board to save his life when a shark kept coming at him again and again. >> scary story. >>> later on, we'll switch gears and look back at the year in pop culture, from the rise of honey boo boo to the unlikely bop lairity of that catchy tune, gang ham style. >> slightly popular, wasn't it? >>> we begin with the race in washington to fist fiscal cliff deadline including
place 15 hours from now. i'm carl, with melissa lee. cramer and faber are off today. good morning to you, dan. >> good morning. >> the house gaveling into session just a few moments ago. business there is going to start at 10:00 a.m. eastern time. futures are showing some resilience as becky said, despite no deal yet in congress. but remember, the sell-off on friday and friday night was pretty severe. the dow is set to open below 13,000. markets in europe mixed after a shortened session in the uk, france and spain. our road map starts right where we were months ago, waiting for the 112th congress to agree on a debt reduction package. the senate convenes at 11:00 a.m. >> the dow had its worst day in a month on friday. set to close december with a loss. the question is, does it continue to sell off if there isn't an accord in congress. >> we will always have china. manufacturing pmi data from last night is the best in 21 months. can we finally say the chinese economy has been stabilized. >> but of course, we start in washington. as you know, congress comes back today. the house gaveling in
drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they jimmy? happier than antelope with night-vision goggles. nice! get happy. get geico. fifteen minutes could save you fifteen percent or more. [ dog barking ] ♪ [ female announcer ] life is full of little tests, but your basic paper towel can handle them. especially if that towel is bounty basic. the towel that's durable, and scrubbable. in this lab demo, bounty basic is stronger than the leading bargain brand. everyday life? bring it with bounty basic. the strong but affordable picker-upper... now costs even less. [ male announcer ] as the year counts down, your savings can add up with the adt new year's sale. help protect your family with the advanced technology of adt starting at just $99 -- a savings of $300 plus 15%
! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you thought about going vegan carl? hahaha!! you know folks who save hundreds of dollars by switching to geico sure are happy. how happy are they jimmy? happier than antelope with night-vision goggles. nice! get happy. get geico. fifteen minutes could save you fifteen percent or more. >>> we're just a few days way from fiscal disaster but still time for politicians to rise above and stop it. >>> democratic congressman jim himes is going to join us. we will ask strategists from both parties what it takes to avoid the fiscal cliff. >> the report of retailers. >> i love the smell of congress in the morning. >>> retailers try to close out on a strong note. the third hour of "squawk box" begins right now. >>> welcome back. i'm joe concern non along with andrew ross sorkin. becky quick is out today and our guest host is dan greenhouse with the beroni tie and cnbc contributor. just a slip. more frin a minute. first andrew has your good mornin
never know when a carl icahn is going to show up and upset the apple cart and cause a corporation to get that one time share price bump up. but in the long run, it is hard to make your long-term returns. if you have an questions about whether that is happening, i have a new piece of macro economic evidence for you. number one, our public corporations are disappearing. the number of public companies listed on the u.s. exchanges has declined by more than 40% in the last 15 years. if it were a species, we would call it in danger. number two, the life span of a fortune 500 company was about 75 years in the 1920's. it is down to 15 years today. so if you have any doubt that short-termism is harming our corporations, that should be some evidence you think about. you might wonder if there is more going on than you have realized. what are we to do? the good news is, i do see this problem is very fixable, or at least improve global. -- improveable. in 1960, the holding period for a share of stocks was eight years. today is down to around four months. what can we do to change that? there are a mil
. for instance, i got to meet carl sandburg. i was taking an english literature class. i got him to sign my english text book. [laughter] i have said enough. >> did you get an 'a'? >> as a matter of fact, i did. i was a very studious type. i was boring. except for a little short time at the end when i was not boring. i did not get mentioned a whole lot of times about the partying i was doing. >> we will get to that. [laughter] susan, when you were in the white house, it is the mid 70's. you are in high school. that is a pretty unique vantage point on that era. your youthful rebellion -- how did it manifest itself at the white house? >> unlike lynda, she lived on the second floor with her parents across the hall. i had the third floor to myself. i actually took julie's and david's room. we can all tell each other who lived in the room before the other person did. we did not move in like the johnsons. my dad commuted from alexandria, virginia. when the move again, it had turquoise blue shag carpeting. the only way to make an outgoing phone call was you pick up the phone and the white house op
carl levin and john mccain of for their ideas for bypassing filibuster's to take up legislation, a counterproposal to another plan that would have to change the senate rules to a simple majority vote. it spoke to reporters for about half an hour. -- they spoke to reporters for about half an hour. >> give a bunch over here, kathleen, let them pass it out. ok, sorry for the delay. we thought we had a vote, but there was no vote. senator mccain and i are part of a group of eight senators who have been working for about a month to come up with a proposal for our leaders and our conferences, which will hopefully overcome the gridlock that has so permeated the u.s. senate. the eight senators who have participated in this effort are myself, senator mccain, senator schumer, senator alexander, senator cardin, senator kyl, senator prior, and senator barasso. it is a bipartisan proposal, and we believe strongly we must reform the senate's procedures if it is going to do business more efficiently and fairly. there are many parts to our proposal, i would say the key number-one part is to giv
Search Results 0 to 8 of about 9 (some duplicates have been removed)

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